The genesis of SimpleNexus The platform began when founder and CEO Matt Hansen accepted a favor for a family member of a loan officer. Hansen created a simple app over the weekend for his brother-in-law to run loan calculations and include his contact details. Within weeks, other designers saw the product and requested their own version of the app to share with borrowers. It quickly became clear that Hansen’s product had real potential to fill a void in the market.

Today the company is a 100-person organization signed with 15 of the top 25 lenders. Over 220 mortgage companies and over 20,000 loan originators across the country use SimpleNexus.

The platform allowed these lenders to connect with 1.1 million borrowers and 65,000 real estate partners to produce 5 million loans totaling over $ 100 billion in volume.

“The enthusiastic adoption by loan originators, realtors and loan seekers shows how SimpleNexus is responding to a market need for a mobile origination tool set that helps get more loans to the market. finish line, faster, ”said Hansen. “We are proud to raise the bar for what a digital mortgage platform should be.”

Cultivating human-to-human interaction between lender and borrower remains a priority at SimpleNexus.

The platform allows loan officers to leave the office and focus on building those relationships, giving them a mobile set of tools to act on a loan anytime, anywhere. Loan officers can view their pipeline, order credits, calculate prices, send pre-approvals, and sign disclosures – all on the go.

SimpleNexus is delivering real results for lenders in the form of increased lending, cost savings, and stronger referral partnerships.

In a recent study, SimpleNexus was able to show that loan applications passing through the platform close 20% faster than the industry average. In addition, 800 loan originators who had recently switched to SimpleNexus increased their connections with real estate agents by 300% on average, with some LOs increasing these connections by almost 2,000%.

Borrowers using SimpleNexus can begin their home search, perform loan calculations, contact their loan officer and real estate agent, submit a loan application, securely scan / download documents, receive updates on the loan status and sign disclosures – all from their mobile device.

SimpleNexus also provides a unique component for the borrower’s real estate agent. Realtors can easily check the status of a loan through their SimpleNexus mobile app and receive automatic updates when milestones are reached.

Agents can customize the app to share it with their customers. The personalized app includes their photos / contact information, home search listings, and other personalized links like reviews or social media profiles.

With SimpleNexus, traditional mortgage companies can combine the efficiency of technology with the significant benefits borrowers receive from working with a loan officer.

This combination is a real differentiator for mortgage companies looking for a strategy to compete with online lenders.

The platform offers a proven digital mortgage strategy to meet the needs of all three stakeholders in the loan transaction.

PRODUCT: SimpleNexus

INSTANTANEOUS: SimpleNexus is the digital mortgage platform that allows lenders to make and process loans from anywhere. The company’s best-in-class, easy-to-use application connects loan officers with their borrowers and real estate agents to easily communicate and exchange data in one place throughout the loan lifecycle. Loan officers can manage their loan pipelines, order credits, set prices, send pre-approvals, and sign disclosures – all on the go.